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Nov 8, 2012
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that was echoed by harry reid. individuals earning $200,000 or more, including many of the big cities where president obama got so many votes, a lot of those people will be impacted many who do not consider themselves wealthy. in 2009, 3.9 million filers reported adjusted gross income of $200,000 or more. that represents 3% of all federal tax returns. that paid around 30% of all of the income taxes that are paid in this country. so we're going to break this down. we'll really talk about this, analyze the best way to deal with all this. bill: a former congressional budget director, warning that failure to act on the fiscal cliff could have disasterous consequences for the economy. doug holtz-eakin saying it could lead to yet another recession. >> these are big cuts, 10 to 14% in programs, a quarter of the way through their fiscal year. that is bad policy and dangerous. the fiscal cliff is $440 billion of taxes and $200 billion spending cuts. that is had% of gdp when we're growing one 1/2 2% growth rates. going over
that was echoed by harry reid. individuals earning $200,000 or more, including many of the big cities where president obama got so many votes, a lot of those people will be impacted many who do not consider themselves wealthy. in 2009, 3.9 million filers reported adjusted gross income of $200,000 or more. that represents 3% of all federal tax returns. that paid around 30% of all of the income taxes that are paid in this country. so we're going to break this down. we'll really talk about this,...
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Dec 27, 2012
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we just heard from the top senate democrat harley reid respondinharry reid responding to the statement. here is what he said. >> this happy talk that this republican house leadership said yesterday, let him take our bill. mr. president that bill was brought up and defeated. i refeet the american peopl repeat the american people do not agree with the republicans in the house and the republicans over here. >> reporter: the senate is back in session today, the house is not. patti ann: molly henneberg live ph washington, thank you. gregg: as washington debates the fiscal cliff we are also days away from another financial crisis. the u.s. government is poised to hit its debt limit on monday. what happens if congress doesn't raise the debt sealing? douglas holtz ee eakin is a former director of the nonpartisan budget direction office and is president of american action firearm. thapblgs for being with us. what happens if they don't raise the ceiling? >> ultimately congress has to raise the ceiling. it's simply naive to believe you could ever put the level of spending kick quickly become to t
we just heard from the top senate democrat harley reid respondinharry reid responding to the statement. here is what he said. >> this happy talk that this republican house leadership said yesterday, let him take our bill. mr. president that bill was brought up and defeated. i refeet the american peopl repeat the american people do not agree with the republicans in the house and the republicans over here. >> reporter: the senate is back in session today, the house is not. patti ann:...
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Apr 18, 2012
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we have harry reid not allowing that to come up. he is not allowing it to come up for purely political reasons. whereas in fact the country needs us to have a budget. we need to decrease our spending. we need to reform the tax code. we ought to be voting on it. i don't think we should be being paid right now because we're doing absolutely nothing of import in the u.s. senate. martha: you make great points. breaking the law to not come forward with a budget which they haven't done for three years. you're right, maybe they shouldn't be paid because secondary to the legal aspect of it, they're just not doing their job. senator, it is a compelling argument you make in the debt bomb. we look forward to talking to you about it in the future. thank you, sir. >> thank you. gregg: take a quick look at the markets now. u.s. stocks poised for a modest retreat as investors wait for latest round of corporate earnings after a big day yesterday. right now the big board is down 64 points. investors reacting to asian and european stocks. we'll keep
we have harry reid not allowing that to come up. he is not allowing it to come up for purely political reasons. whereas in fact the country needs us to have a budget. we need to decrease our spending. we need to reform the tax code. we ought to be voting on it. i don't think we should be being paid right now because we're doing absolutely nothing of import in the u.s. senate. martha: you make great points. breaking the law to not come forward with a budget which they haven't done for three...
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Dec 31, 2012
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the majority leader mitch mcconnell and minority leader, harry reid reid. the majority leader. here is what we heard off-camara. apparently mcconnell said he spoke with vice president joe biden at 6:30 a.m. this morning. at 12:45 last night, which is technically a.m. asked if he was going to talk with him again? he said we'll get back. he was mum on whether he had spoken to senator harry reid. if something will be on the floor today and his optimism level, really just not talking about that so far. so we'll wait and see. heather: secretary of state hillary clinton's recent health problems taking a turn for the worst. secretary clinton is currently in a new york hospital today undergoing treatment for a blood clot. the condition stemming from a concussion that she sustained earlier this month and joining us now, the chief of division of robotics at mt. sinai hospital and a fox news medical a-teamer. thanks so much for joining us. >> sure, heather. heather: what i said in the introduction is just about all we know because a lot of information is not being released about this. can
the majority leader mitch mcconnell and minority leader, harry reid reid. the majority leader. here is what we heard off-camara. apparently mcconnell said he spoke with vice president joe biden at 6:30 a.m. this morning. at 12:45 last night, which is technically a.m. asked if he was going to talk with him again? he said we'll get back. he was mum on whether he had spoken to senator harry reid. if something will be on the floor today and his optimism level, really just not talking about that so...
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Dec 28, 2012
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senator harry reid as you say was very rough going directly after boehner yesterday. take a listen. >> the american people i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker, not allowing the vast majority of the house of representatives to get what they want. >> reporter: the word dictatorship not sitting well at speaker's office of the as you can imagine his spokesman putting out a tough statement of his own saying quote, senator reid should talk less and legislate more. the house already passed legislation to avoid the entire fiscal cliff. senate democrats have not. there you go. the senators saying the house to act. the speaker's office saying senate has to act. there is pressure building on the president to bring both house, and senate, democratic leaders all four leaders into the white house today to bring leadership down, time is running it. let's come together. gregg: adds all new meaning to the word elementary school. ed henry, thanks very much. we're
senator harry reid as you say was very rough going directly after boehner yesterday. take a listen. >> the american people i don't think understand the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker, not allowing the vast majority of the house of representatives to get what they want. >> reporter: the word dictatorship not sitting well at speaker's office of the as you can imagine his spokesman...
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Aug 3, 2012
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harry reid would do this on his own. harry reid does think, he said in the past, by the way, bill, mitt romney couldn't get confirmed for a cabinet post because he has refused to release these tax returns. i think it is a legitimate issue. it is just then once you start getting into speculation and somebody told me but i can't tell you who that is not good. bill: goes crazy. two years of tax returns are out. brad, yesterday eric are fern strom was on our program. it is not true. baseless. nothing to back them up. speaker boehner talking about statements without any facts. mitch mcconnell, senate colleague called the accusations beneath the dignity of reid's office. but reid's not stopping is he. >> this is part of the democrats 3-d strategy, distort mitt romney's record. deflect from obama's poor job performance as we see with the jobs numbers and divide the american people. robin hood economics. take from the rich and give to the poor. everything will be okay. harry reid believes in my estimation obama isn't doing enoug
harry reid would do this on his own. harry reid does think, he said in the past, by the way, bill, mitt romney couldn't get confirmed for a cabinet post because he has refused to release these tax returns. i think it is a legitimate issue. it is just then once you start getting into speculation and somebody told me but i can't tell you who that is not good. bill: goes crazy. two years of tax returns are out. brad, yesterday eric are fern strom was on our program. it is not true. baseless....
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Nov 27, 2012
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bill: harry reid, what do you think about that? >> well, only senator harry reid of nevada could pack that many lies into something quite that short. look, the taxpayer protection pledge as harry reid well knows is a commitment by senators and congressmen to their constituents, not to me personally, reid tells that lie over and over again, a commitment to their constituents that when they come to washington they will reform government and spend less money, rather than raise taxes. when harry read says that the commitment of those republican senators not to raise taxes is an impediment he means it's an impediment to raising taxes so obama and reid can keep spending money. reid has been supportive of every one of barack obama's wasteful spending programs e. wants to raise taxes to pay for it. you heard from van hollen earlier they are not interested in cutting any spending at all. they want to koeupbt as their contribution to budget he restraint, democrats. cuts already in law and 800 bill dollars that he claims he saved for not occu
bill: harry reid, what do you think about that? >> well, only senator harry reid of nevada could pack that many lies into something quite that short. look, the taxpayer protection pledge as harry reid well knows is a commitment by senators and congressmen to their constituents, not to me personally, reid tells that lie over and over again, a commitment to their constituents that when they come to washington they will reform government and spend less money, rather than raise taxes. when...
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now, the president and harry reid actually have to produce something. they've been way full of rhetoric, there is a lot of talk. i've been here four years in this congress, the united states senate has never passed a budget. in fact the president's budget four years in a row not a single person, republican or democrat has ever voted in favor of the president's budget. the president is on the president and harry reid to not only produce something but pass it in the united states senate. bill: still trying to figure out a way out of this. though. this the senate has not moved as you say in years, will they move now? congressman royce what is your view on this about how you would tell your own folks, the people that you represent there in washington about the next step forward? what is it? >> well, think about this. obviously the next step is for the president and the speaker to reach an agreement. but now to do that, when the president of the united states is asking for more spending, asking for another stimulus bill despite the fact that the last one did
now, the president and harry reid actually have to produce something. they've been way full of rhetoric, there is a lot of talk. i've been here four years in this congress, the united states senate has never passed a budget. in fact the president's budget four years in a row not a single person, republican or democrat has ever voted in favor of the president's budget. the president is on the president and harry reid to not only produce something but pass it in the united states senate. bill:...
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Dec 20, 2012
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they are on harry reid's desk. now, if the president and harry reid wanted to be serious about this they could have taken those bills up in september. this is a crisis of their making. they wanted to push it down to the final minutes, and i think a lot of our constituents are looking at this and saying, you know what, we want them to begin to get serious about some of the spending cuts and putting this on a solid footing. bill: we've heard from a lot of republicans over the past couple of weeks, we haven't heard from democrats frankly, about what can pass in the houses specially on the senate side. come back to my original question. will you vote yes or no if plan b is on the floor? >> i am more likely to be a no vote, but with that said i do give our leadership a tremendous amount of credit in trying to work this through to completion. i think that the speaker in trying to negotiate with the president has given it a really great shot. the president is not willing to look at the spending side of the ledger, and tha
they are on harry reid's desk. now, if the president and harry reid wanted to be serious about this they could have taken those bills up in september. this is a crisis of their making. they wanted to push it down to the final minutes, and i think a lot of our constituents are looking at this and saying, you know what, we want them to begin to get serious about some of the spending cuts and putting this on a solid footing. bill: we've heard from a lot of republicans over the past couple of...
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Jul 2, 2012
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harry reid won't even allow a vote in the senate will he? >> it will almost certainly pass the house as you suggest, gregg, i think a couple of things, one is democrats up for re-election who are prepared to vote to hold onto this thing when it was thought to be a regulation, and a penalty may think better of it when they see it as a tax in the house, so that might swell the vote total in the house a little bit. in the senate, harry reid -- if mitch mcconnell puts a bill in, stand alone bill that says repeal obamacare he's not going to bring that up. there are multiple parliamentary opportunities where a measure can be attached to something else that has to be dealt w. and the belief here is one way earth other he will be able to get a senate vote for repealing this. that puts 23 democrats up for re-election in a semi uncomfortable position, which is what this is all about. >> do republicans run a risk appearing as though they are show boating for partisan political advantage here, and could that backfire on them in. >> if the public is tryi
harry reid won't even allow a vote in the senate will he? >> it will almost certainly pass the house as you suggest, gregg, i think a couple of things, one is democrats up for re-election who are prepared to vote to hold onto this thing when it was thought to be a regulation, and a penalty may think better of it when they see it as a tax in the house, so that might swell the vote total in the house a little bit. in the senate, harry reid -- if mitch mcconnell puts a bill in, stand alone...
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Aug 1, 2012
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i'm not defending harry reid on that. but again, i think mitt romney has created his own problem here by not coming forward, being forthcoming. you know, they love to knock obama, the right does, about lack of transparency. mitt romney has none. >> i don't think anybody deserved the attack that harry reid leveled against romney though. i mean however you feel about releasing tax returns, this was completely over the top, and this is the senate majority leader, totally unbecoming but not unusual from reid, ask anybody who's ever dealt with harry reid, and i don't think anyone -- bill: the issue's going to come back up again. tucker, thank you. alan, thanks to you as well. >> thanks. bill: nineteen past. patti ann: well, chick-fil-a may be drawing more crowds than usual. supporters and protesters alike are heading to that fast food chain today, we'll tell you why. bill: also the ex-cop who kept losing his wives is back in court this morning. drew peterson is on trial for the alleged murder of his third wife, and his lawyers
i'm not defending harry reid on that. but again, i think mitt romney has created his own problem here by not coming forward, being forthcoming. you know, they love to knock obama, the right does, about lack of transparency. mitt romney has none. >> i don't think anybody deserved the attack that harry reid leveled against romney though. i mean however you feel about releasing tax returns, this was completely over the top, and this is the senate majority leader, totally unbecoming but not...
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that would be an awesome experience, especially with your son reid. well done. all right, jenna lee's coming up next on "happening now," what you working on, jenna? good morning to you. jenna: voters head to the polls in several primary states today. karl rove is here with his advice for mitt romney at the top of the hour. plus, hundreds of thousands of us could lose internet service this summer. we're going to tell you why and what you can do. and solved, the mystery of the brain freeze. why it happens and why that discovery, bill, could lead to some dramatic new treatments for headaches. bill: how about that? i'm a victim. you know what we call that at the hemmer house? jenna: what? bill: call that an uncle billy. jenna: why? bill: because my brain freezes like it is right now. when it gets too cold. jenna, thank you. we'll see you in 11 minutes. new exploration turning plans science fiction into some real cash. unearthing precious metals far from earth. this is a mining expedition that is said to be out of this world. ♪ working in a coal mine, going down, d
that would be an awesome experience, especially with your son reid. well done. all right, jenna lee's coming up next on "happening now," what you working on, jenna? good morning to you. jenna: voters head to the polls in several primary states today. karl rove is here with his advice for mitt romney at the top of the hour. plus, hundreds of thousands of us could lose internet service this summer. we're going to tell you why and what you can do. and solved, the mystery of the brain...
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Nov 9, 2012
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the democrats led by president obama and harry reid, president obama will speak later today. their firm position for many years has been tax the rich. bill: what boehner is arguing you can find other sources of revenue by reforming the tax system. what does boehner get if he cuts a deal. >> if he cuts a deal and agrees to some kind of compromise where we do raise tax rates on the rich. there are two things may get in return. more spending cuts. at least the promise of more spending cuts. maybe that increase in tax rates could be limited to the very, very rich. for example people making more than $1 million a year. limit the impact of raising tax rates and maximize the amount of spending cuts down the road. bill: give me the even game. how do you see this ending, the deal, how does it shape up for you? >> late december, president obama says to republicans you are defending the rich and risking a recession, back off. the republicans listen carefully and say okay, we'll compromise. main we'll just limit the tax rate increases to the very rich and maybe we'll go to more spending
the democrats led by president obama and harry reid, president obama will speak later today. their firm position for many years has been tax the rich. bill: what boehner is arguing you can find other sources of revenue by reforming the tax system. what does boehner get if he cuts a deal. >> if he cuts a deal and agrees to some kind of compromise where we do raise tax rates on the rich. there are two things may get in return. more spending cuts. at least the promise of more spending cuts....
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Dec 18, 2012
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so pass your own bill and let harry reid have the guts to bring it to the floor. i doubt he will. bill: where are you on this today, bob? >> first of all i think republicans would pay a price for not going along with this. the idea of a million, millionaire tax basically what we're talking about here is something i can not imagine there are too many millionaires in most of these districts. from a political standpoint have everybody get a tax on 1st of january they would blame the republicans no question about it. press would. i would. most of democrats and president would. here's the deal. of course boehner will have to get something for this. the question is it on entitlements? yes. can you get entitlements written by end of this year? of course not. what has to be whatever the deal is some date certain when they report out a change to entitlements with some figure attached to it. now, and if not they could come back and, undo the tax rate increase. that is only way i could see they do it. >> the problem is --. bill: did you want to respond, andrea i'm sorry? it is your anniversa
so pass your own bill and let harry reid have the guts to bring it to the floor. i doubt he will. bill: where are you on this today, bob? >> first of all i think republicans would pay a price for not going along with this. the idea of a million, millionaire tax basically what we're talking about here is something i can not imagine there are too many millionaires in most of these districts. from a political standpoint have everybody get a tax on 1st of january they would blame the...
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Nov 29, 2012
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not just harry reid he is talking to. republican leaders on the house side too so critical of this, john boehner, eric cantor. how will these talks go? we'll follow it and let you know what is happening in two minutes when we continue. >> i'm trying not to paint us into too many boxes where i paint john boehner into a box that tells him what to do. year again and now -- i got a great new way to get deals. it's called bankamerideals, from bank of america. i choose the cash back deals in my mobile or online banking. i just use my bank of america debit or credit card when i pay. and i get as much as 15% cash back -- put into my account. this is on top of other rewards and discounts i already get. best of all -- it's free. happy holidays. [ male announcer ] introducing bankamerideals, free for online banking customers. sign in to your online banking to choose your deals today. now is a good time to think about your options. are you looking for a plan that really meets your needs and your budget? as you probably know, medicare
not just harry reid he is talking to. republican leaders on the house side too so critical of this, john boehner, eric cantor. how will these talks go? we'll follow it and let you know what is happening in two minutes when we continue. >> i'm trying not to paint us into too many boxes where i paint john boehner into a box that tells him what to do. year again and now -- i got a great new way to get deals. it's called bankamerideals, from bank of america. i choose the cash back deals in my...
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Dec 3, 2012
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let's see harry reid and the democrats pass this out of the senate. bill: i get the impression both sides are miles apart from the deal. and i'm told by smart people i'm dead wrong on that. are you of mind a or mind b, rich? >> i don't think there is a deal sitting there. i think they would have to sit down and negotiate it. bill: kirsten before you address rich's answer, are you in camp "a" or "b." >> they don't have a deal. how can you have a deal when you don't have the republicans making a counter offer. they keep saying where is the serious offer, they want more in terms of cuts. but they haven't really made a counter offer. i find this stuff that the republicans are saying is being counter productive. we are flabbergasted, we laughed eight. what is the point of that. make a counter offer. >> i think they would argue the tax revenues was their counter offer. bill: republicans are saying this was a democratic wish list, not a serious offer. one second. tim geithner from sunday. >> to go over this fiscal cliff because republicans won't raise tax ra
let's see harry reid and the democrats pass this out of the senate. bill: i get the impression both sides are miles apart from the deal. and i'm told by smart people i'm dead wrong on that. are you of mind a or mind b, rich? >> i don't think there is a deal sitting there. i think they would have to sit down and negotiate it. bill: kirsten before you address rich's answer, are you in camp "a" or "b." >> they don't have a deal. how can you have a deal when you...
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martha: reid says any agreement must have the wealthy to pay a little bit more to reduce the deficit. bill: what happens if they don't see a deal? 90% of americans will see a tax hike in 2013. and families that make between $40,000 and $65,000 will have to pay an extra $2,000 to washington, d.c. in taxes. martha: concerns over america's fiscal cliff have sent the markets lower in premarket trading. there is a look at where the dow is poised to open this morning. with the dow, the s & p and the nasdaq all trading lower. speaking of that, a new round of violent protests break out in egypt as police fired teargas into the crowds. here are some of those scenes. >> unbelievable. more than 100,000 people flooded into downtown cairo. this time they are protesting the current president martha maccallum and his power grab. they are disillusioned with what he has brought to their country. then you have this happening. police firing teargas. gypt's highest courts refusing to work in protest of morsi's actions. steve harrigan is streaming live from cairo. the protests looked like the unrest we sa
martha: reid says any agreement must have the wealthy to pay a little bit more to reduce the deficit. bill: what happens if they don't see a deal? 90% of americans will see a tax hike in 2013. and families that make between $40,000 and $65,000 will have to pay an extra $2,000 to washington, d.c. in taxes. martha: concerns over america's fiscal cliff have sent the markets lower in premarket trading. there is a look at where the dow is poised to open this morning. with the dow, the s & p and...
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Dec 26, 2012
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reid and pelosi and boehner and obama all trying to come to an agreement? that seems almost impossible, doesn't it, when you know all of them? gregg: how do you close the tax gap? >> yeah. right now you can not do it. so the tax gap, at least in my opinion, would be the deficit. it's over a trillion dollars. if we raise everyone today, that pays the top tax rate, 35%, if we taxed them at 100% on all the money that they currently pay 35% on, and remember, i'm assuming that nobody changes their behavior. they still work just as hard even though they pay 100% tax, we would only raise $360 billion in this coming year. and that would still leave an $800 billion deficit. we can not tax away the deficit. gregg: sure we can. we can do the value-added tax. >> well, and that's what worries me. if we don't cut spending, spending right now, the federal government is the largest it has ever been as a share of our economy. it takes up more of our economy than ever, the only way to pay for it is to put in a european-style value-added tax. which means every american, every
reid and pelosi and boehner and obama all trying to come to an agreement? that seems almost impossible, doesn't it, when you know all of them? gregg: how do you close the tax gap? >> yeah. right now you can not do it. so the tax gap, at least in my opinion, would be the deficit. it's over a trillion dollars. if we raise everyone today, that pays the top tax rate, 35%, if we taxed them at 100% on all the money that they currently pay 35% on, and remember, i'm assuming that nobody changes...
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Dec 7, 2012
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interesting all the other leaders, nancy pelosi, harry reid, mitch mcconnell, they're all out. in the end it will be the president and the leader of house republicans speaker boehner and they will have it make a deal both sides can live with. martha: for all intents and purposes john boehner continues to say that he will not raise taxes on that top 2%. that he wants that revenue to come in the form of changing deductions and loopholes. the president says exactly the opposite. so one side is going to have to give. any bet which side it is likely it be? >> on that issue i think the republicans are going to have to give. it was a key issue in the election. and remember, it's unsustainable i think politically for boehner, forget the economics of this. i know people say that should be the only issue here. let's talk about the politics of it. it is unsustainable for boehner and the republicans to be in a position where they are blocking a tax cut for 98% of the americans because they want it protect tax rates of the top 2%. that may be right or wrong on its merits but politically see
interesting all the other leaders, nancy pelosi, harry reid, mitch mcconnell, they're all out. in the end it will be the president and the leader of house republicans speaker boehner and they will have it make a deal both sides can live with. martha: for all intents and purposes john boehner continues to say that he will not raise taxes on that top 2%. that he wants that revenue to come in the form of changing deductions and loopholes. the president says exactly the opposite. so one side is...
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Jan 24, 2012
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it's now been a thousand days since the democrat-controlled senate under harry reid has actually passed a bulge e. last year the president put out a budget, it was felt to be a budget that wasn't very serious, and it failed, zero-97. not even one democrat voted for the president's budget. martha: that was a huge failure. they may be trying to avoid that this time around as we wait for him to release the budget. he will have 1.2 trillion in cuts because of the failure of the super committee. that was the deal. what do you think we'll see in cuts when we do get the budget. >> i want to see what the budget is and the president ought to talk about that tonight in the state of the union. he hats a responsibility to own up to the american people in terms of the direction and the spending. just since we started talking this country has borrowed another 2 hil $2 million. we are going to borrow $4 billion today a lot of it from china. that is just not right. we need a budget. families have a budget. states have a budget. in the state of wyoming we balance our budget every year, families do that.
it's now been a thousand days since the democrat-controlled senate under harry reid has actually passed a bulge e. last year the president put out a budget, it was felt to be a budget that wasn't very serious, and it failed, zero-97. not even one democrat voted for the president's budget. martha: that was a huge failure. they may be trying to avoid that this time around as we wait for him to release the budget. he will have 1.2 trillion in cuts because of the failure of the super committee....
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Dec 24, 2012
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gregg: tony, it is looking likely later this week harry reid will be able to pass a bill in the senate that extends the bush tax cuts for folks making less than 250,000 and extend unemployment benefits. it then goes to the house. i would think that it could pass in the house with almost every democrat and some moderate republicans. tony, if that happens, your party, republicans are going to wish they passed boehner's plan. about, right? >> well, look, that would be essentially a unilateral disarmiment for the gop which is a nice christmas gift to the president but nothing that is going to really solve the problem. if there is going to be a stopgap, all tax cuts need to be extended until washington gets its act together. gregg: you're dodging my question. republicans will wish they voted for plan b, tony. tony? >> gregg, the essential point is this, we have to solve the problem. we can no longer play this game and kick the can down the road. so if we're going to do it at least give the markets, the stability, let the bush tax cuts --. gregg: last question, marjorie. the whole fiscal cli
gregg: tony, it is looking likely later this week harry reid will be able to pass a bill in the senate that extends the bush tax cuts for folks making less than 250,000 and extend unemployment benefits. it then goes to the house. i would think that it could pass in the house with almost every democrat and some moderate republicans. tony, if that happens, your party, republicans are going to wish they passed boehner's plan. about, right? >> well, look, that would be essentially a...
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Nov 15, 2012
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. >> reporter: shortly after that announcement the senate majority leader harry reid said he would not support the proposal and there has also been hesitation from other republicans and moderates in the senate saying that the proposal is premature. >> i think we ought to give the established committees of the congress an opportunity to see where we can get in answering some of the questions that everybody has. >> i do not see the benefit of, nor the need for a select committee. >> reporter: so the question here is, whether these individual committees and there are about a half dozen that launched their own investigations into dwauz gauze are really well-placed to handle it or the story metastasized that it needs a select committee and whether there is enough support in the senate to make that happen. martha: fascinating to see what goats out of these hearings and what we learn about what they all knew. catherine, thank you very much. >> reporter: you're welcome. gregg: senator lindsey graham saying he holds the president ultimately responsible for benghazi. and on the hannity program,
. >> reporter: shortly after that announcement the senate majority leader harry reid said he would not support the proposal and there has also been hesitation from other republicans and moderates in the senate saying that the proposal is premature. >> i think we ought to give the established committees of the congress an opportunity to see where we can get in answering some of the questions that everybody has. >> i do not see the benefit of, nor the need for a select...
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Nov 16, 2012
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joining the president, senate majority leader harry reid, house speaker joan boehner, house minority leader, nancy pelosi, and senate minority leader mitch mcconnell. so the goal is to hammer out a deal or to begin the framework of hammering out a deal before series of automatic spending cuts and tax increases kick in the first of the year. some really do fear that could trigger yet another recession which nobody wants to see in this country. so that's how we welcome you to a brand new hour of "america's newsroom." happy friday, everybody, i'm martha maccallum. bill: how are you feeling? martha: great. bill: long week. martha: busy week. bill: i'm bill hemmer. good morning again. we have six weeks to go before you get a deal. one of the main sticking points remains whether other not you extend the current tax rates for all americans or you go for major tax reform that would help eliminate some of the current tax writeoffs. this is the speaker on the floor of the house. >> we're going to further weakening the economy by raising tax rates and hurting jobs. look, this shouldn't be that
joining the president, senate majority leader harry reid, house speaker joan boehner, house minority leader, nancy pelosi, and senate minority leader mitch mcconnell. so the goal is to hammer out a deal or to begin the framework of hammering out a deal before series of automatic spending cuts and tax increases kick in the first of the year. some really do fear that could trigger yet another recession which nobody wants to see in this country. so that's how we welcome you to a brand new hour of...
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Nov 20, 2012
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there is the political appetite within the democratic caucus, particularly in the senate where harry reid has a number of moderate democrats to actually pass big tax reforms on the wealthy. bill: you would argue the president is more willing to do a big grand bargain more so than democrats in the house or maybe even democrats in the senate. >> the problem and we don't know how this is going to turn unions are pulling the president far to the left. if the president were to move on significant tax increases. republicans would make him pay with sweeping changes to entitlement reforms and that's not what the unions want. bill: what i heard from mccarthy is you have to do overall tax reform. do you think that this president has shown the inclination to doing a big broad tax reform deal? >> i think this time around he realized it's the only way to find common ground. if you remember in his jobs plan that he tried to pass but didn't pass the senate last year, there were some eliminations that were pretty controversial. remember it was a charitable deduction elimination. a lot of his base were up
there is the political appetite within the democratic caucus, particularly in the senate where harry reid has a number of moderate democrats to actually pass big tax reforms on the wealthy. bill: you would argue the president is more willing to do a big grand bargain more so than democrats in the house or maybe even democrats in the senate. >> the problem and we don't know how this is going to turn unions are pulling the president far to the left. if the president were to move on...
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Dec 19, 2012
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here is what harry reid senate majority leader says about whether the house measure would even get past his body. >> speaker boehner's proposal is not balanced, will not protect the middle class, because it can't pass the senate. and it doesn't do anything. >> reporter: all right. so even if it did get past the senate you heard today we had this breaking news just moments ago the white house sent out a statement of basically saying even if it did get through the hurdles the president is vowing to veto the legislation. he says it is not balanced. that in mind, we know that the lines of communication are still open, here is what white house press secretary jay carney says about that. >> lines of communication remain open, the president continues to hope that a compromise can be reached, as i said at the top, the parameters of a deal are clear. when you look at the offers, proposals and the counter proposals, a path to an agreement is clear. any hopes that the republicans will join him on that path. >> reporter: even if the g.o.p. moves ahead with the vote tomorrow it looks like it will be
here is what harry reid senate majority leader says about whether the house measure would even get past his body. >> speaker boehner's proposal is not balanced, will not protect the middle class, because it can't pass the senate. and it doesn't do anything. >> reporter: all right. so even if it did get past the senate you heard today we had this breaking news just moments ago the white house sent out a statement of basically saying even if it did get through the hurdles the...
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Nov 26, 2012
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that's what we've got to see from nancy pelosi, harry reid and the president. where is their proposal to actually fix the problem? because raising taxes is not going to fix the problem. we've always believed that raising taxes is going to be harmful to a small businessman or woman in creating a job, and, you know, i tell this story about a cook that i met in an airport. when he told me he came up and says,ase do something about the problem in washington, we need more jobs. he said i had to take a cook's position because i couldn't find a job that best met my skill set in the construction industry. i want to go and find that job to make the kind of money that i feel i'm worth, but if you raise taxes on the small businessman or woman who is creating that job that is creating less of a likelihood that you're going to create the job. bill: you have to dance now and you're trying to thread this needle the difference between raising tax revenues and tax rates, there is a distinction i get it. do your constituents get it? are they going to look at you and say, hey you
that's what we've got to see from nancy pelosi, harry reid and the president. where is their proposal to actually fix the problem? because raising taxes is not going to fix the problem. we've always believed that raising taxes is going to be harmful to a small businessman or woman in creating a job, and, you know, i tell this story about a cook that i met in an airport. when he told me he came up and says,ase do something about the problem in washington, we need more jobs. he said i had to take...